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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: OpusX who wrote (6639)12/28/2000 10:12:06 AM
From: Patrick Slevin   of 7434
 
PREM is the spread between the Cash and the Future. Some people use it to trade extremes looking for programs to hit.

programtrading.com

From the same site above,


For Execution of Buy/Sell Programs
Our FairValue for today is $17.08. That price will not change during the day. Our computers are set or program buying at $19.22 and set for program selling at $14.94. If you would like to watch these program trading premium execution levels, the symbol is PREM.


Once Cash is closed Gersh is saying that the PREM has been spiking and that is seen in the action of the SP after 4 Eastern.
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